1.Confirm Python Version and Platform ->python --version

2.Update pip, setuptools, and wheel ->pip install --upgrade pip setuptools wheel

3.Check Compatibility for psycopg-binary

4.Use different Version ->pip install psycopg-binary==3.2.1

5.Install it ->pip install psycopg

6.before running that ensure that you have to install the below ->sudo apt-get install -y build-essential libpq-dev

7.install xcode command ->xcode-select --install

8.Use universal alternative ->pip install psycopg2-binary

9.Verify instalation ->import psycopg print(psycopg.version)